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TAMETEC: what changed

Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.

What changed

TAMETEC

BE 0743.879.439
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€58,322
2024 · €6,981-€65,304
Equity
-€4,593
2024 · €53,730-€58,322
Cash
€35,786
2024 · €64,425-€28,639
Balance sheet total
€169,800
2024 · €264,917-€95,117

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€39,588

    down €39,588 (-24.5%), from €161,348 to €121,759

    of which Furniture and vehicles: -€35,652

  • Cash -€28,639

    down €28,639 (-44.5%), from €64,425 to €35,786

    mainly Net result for the year (-€58,322) and Debts after one year (-€30,131)

  • Receivables within one year -€25,991

    down €25,991 (-69.2%), from €37,568 to €11,577

    of which Trade receivables: -€20,469

Equity and liabilities
  • Profit (loss) carried forward -€58,322

    down €58,322, from €0 to -€58,322

  • Debts after one year -€30,131

    down €30,131 (-34.2%), from €87,976 to €57,845

  • Tax, wage and social debts -€8,590

    down €8,590 (-88.4%), from €9,721 to €1,132

Income statement
  • Gross operating margin -€70,966

    down €70,966 (-73.5%), from €96,556 to €25,591

  • Financial charges -€6,057

    down €6,057 (-13.8%), from €43,778 to €37,721

  • Taxes -€2,872

    down €2,872 (-85.9%), from €3,342 to €470

  • Depreciation +€1,673

    up €1,673 (+4.0%), from €42,226 to €43,899

  • Provisions +€1,523

    up €1,523, from -€229 to €1,294

From the 2024 result to the 2025 result

effect on the result

Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.

Result 2024 €6,981
Gross operating margin -€70,966
Depreciation -€1,673
Provisions -€1,523
Other operating charges -€71
Financial charges +€6,057
Taxes +€2,872
Result 2025 -€58,322

Cash bridge derived

cash 2024 to 2025

Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€4,840
Investment -€4,311
Financing -€29,169
Cash 2024 €64,425
Net result for the year -€58,322
Depreciation +€43,899
Receivables within one year +€25,991
Deferred charges and accrued income +€899
Provisions +€1,294
Trade debts +€2,284
Tax, wage and social debts -€8,590
Other debts -€2,614
Investment in fixed assets (net) -€4,311
Debts after one year -€30,131
Current portion of long-term debt +€962
Cash 2025 €35,786
Every line side by side 45 lines
Line Code 2024 2025 Change %
Total assets 20/58 €264,917 €169,800 -€95,117 -35.9%
Fixed assets 21/28 €161,348 €121,759 -€39,588 -24.5%
Tangible fixed assets 22/27 €161,348 €121,759 -€39,588 -24.5%
Plant, machinery and equipment 23 €387 €291 -€96 -24.7%
Furniture and vehicles 24 €132,318 €96,665 -€35,652 -26.9%
Other tangible fixed assets 26 €28,643 €24,803 -€3,840 -13.4%
Current assets 29/58 €103,569 €48,040 -€55,529 -53.6%
Amounts receivable within one year 40/41 €37,568 €11,577 -€25,991 -69.2%
Trade receivables 40 €24,825 €4,356 -€20,469 -82.5%
Other amounts receivable 41 €12,743 €7,221 -€5,522 -43.3%
Cash at bank and in hand 54/58 €64,425 €35,786 -€28,639 -44.5%
Deferred charges and accrued income 490/1 €1,576 €678 -€899 -57.0%
Total equity and liabilities 10/49 €264,917 €169,800 -€95,117 -35.9%
Equity 10/15 €53,730 -€4,593 -€58,322
Contributions 10/11 €5,000 €5,000 = 0.0%
Reserves 13 €48,730 €48,730 = 0.0%
Distributable reserves 133 €48,730 €48,730 = 0.0%
Profit (loss) carried forward 14 €0 -€58,322 -€58,322
Provisions and deferred taxes 16 €36,833 €38,127 +€1,294 +3.5%
Provisions for liabilities and charges 160/5 €36,833 €38,127 +€1,294 +3.5%
Other liabilities and charges 164/5 €36,833 €38,127 +€1,294 +3.5%
Amounts payable 17/49 €174,355 €136,266 -€38,089 -21.8%
Amounts payable after more than one year 17 €87,976 €57,845 -€30,131 -34.2%
Financial debts 170/4 €87,976 €57,845 -€30,131 -34.2%
Amounts payable within one year 42/48 €86,378 €78,420 -€7,958 -9.2%
Current portion of amounts payable after more than one year 42 €29,169 €30,131 +€962 +3.3%
Trade debts 44 €4,092 €6,376 +€2,284 +55.8%
Suppliers 440/4 €4,092 €6,376 +€2,284 +55.8%
Taxes, remuneration and social security 45 €9,721 €1,132 -€8,590 -88.4%
Taxes 450/3 €9,721 €1,132 -€8,590 -88.4%
Other amounts payable 47/48 €43,396 €40,782 -€2,614 -6.0%
Non-recurring operating income 76A €0 - =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €42,226 €43,899 +€1,673 +4.0%
Provisions for liabilities and charges: additions (uses and reversals) 635/8 -€229 €1,294 +€1,523
Other operating charges 640/8 €457 €529 +€71 +15.6%
Gross operating margin 9900 €96,556 €25,591 -€70,966 -73.5%
Operating profit (loss) 9901 €54,102 -€20,131 -€74,233
Financial income 75/76B €0 - =
Recurring financial income 75 €0 - =
Financial charges 65/66B €43,778 €37,721 -€6,057 -13.8%
Recurring financial charges 65 €43,778 €37,721 -€6,057 -13.8%
Profit (loss) for the period before taxes 9903 €10,323 -€57,852 -€68,176
Income taxes 67/77 €3,342 €470 -€2,872 -85.9%
Profit (loss) for the period 9904 €6,981 -€58,322 -€65,304
Profit (loss) for the period to be appropriated 9905 €6,981 -€58,322 -€65,304

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.